Stone Bank Mortgage Rates, Fees & Info

Little Rock, AR

LEI: 549300UMOKQUJLI81448

Tax ID: 71-0271595

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Review & Overview

Stone Bank is a smaller bank specializing in Home Purchase and Refi loans. Stone Bank has a high proportion of conventional loans. Their top markets by origination volume include: Little Rock, Searcy, Pine Bluff, Hot Springs, and Harrison among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

Stone Bank has an above average approval rate when compared to the average across all lenders.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


Originations

104

Origination Dollar Volume (All Markets)

$24,970,000

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 62 $15,190,000 $245,000 $0 0.00%
Searcy, AR (FHA|USDA|VA) 5 $5,505,000 $1,101,000 $0 0.00%
PINE BLUFF, AR (FHA|USDA|VA) 19 $1,465,000 $77,105 $0 0.00%
Outside of Metro Areas 7 $845,000 $120,714 $0 0.00%
HOT SPRINGS, AR (FHA|USDA|VA) 5 $725,000 $145,000 $0 0.00%
Harrison, AR (FHA|USDA|VA) 3 $535,000 $178,333 $0 0.00%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $525,000 $525,000 $0 0.00%
Pittsburg, KS (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
Stone Bank's top markets include Little Rock, Searcy, Pine Bluff, Hot Springs, and Harrison among others.

Their top states include:
  • Arkansas (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 104 $24,970,000 $240,096 $0 0.00%

    For 2023, Stone Bank's most frequently originated type of loan was Conventional, with 104 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 71 $18,385,000 $258,944 $0 0.00%
    Home Improvement 18 $980,000 $54,444 $0 0.00%
    Refi 15 $5,605,000 $373,667 $0 0.00%

    For 2023, Stone Bank's most frequently cited loan purpose was Home Purchase, with 71 originations. The 2nd most popular reason was Home Improvement, with 18 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 104 $24,970,000 $240,096 $0 0.00%

    For 2023, Stone Bank's most frequently cited loan duration was Other, with 104 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 39 $2,035,000 $52,179 $0 0.00%
    $100k-200k 35 $5,025,000 $143,571 $0 0.00%
    $200k-400k 17 $4,485,000 $263,824 $0 0.00%
    $1MM+ 6 $9,500,000 $1,583,333 $0 0.00%
    $400k-600k 5 $2,205,000 $441,000 $0 0.00%
    $600k-1MM 2 $1,720,000 $860,000 $0 0.00%

    2023 saw Stone Bank place emphasis on $100,000 or less loans with 39 originations, totaling $2,035,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 9 $965,000 $107,222 $0 0.00%
    $150k-250k 9 $1,555,000 $172,778 $0 0.00%
    $75k-100k 6 $1,380,000 $230,000 $0 0.00%
    $50k-75k 4 $270,000 $67,500 $0 0.00%
    $50k or less 3 $315,000 $105,000 $0 0.00%
    $250k+ 2 $530,000 $265,000 $0 0.00%

    Stone Bank lent most frequently to those with incomes in the $100k-150k range, with 9 originations. The second most popular income band? $150k-250k, with 9 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 104 $24,970,000 $240,096 $0 0.00%

    Stone Bank lent most frequently to those with DTI ratios of Exempt%, with 104 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 71 $19,955,000 $281,056 $0 0.00%
    White 24 $3,830,000 $159,583 $0 0.00%
    Black 7 $485,000 $69,286 $0 0.00%
    Other Asian 1 $445,000 $445,000 $0 0.00%
    Asian 1 $255,000 $255,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.11%

    Stone Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 104 $24,970,000 $240,096

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    104 $24,970,000 $240,096